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. • <br /> 99 111474 <br /> EXHIBIT E <br /> MORTGAGEADDENDUM <br /> The following are addenda to the Mortgage. Please check the applicable addendum. <br /> The addendum checked shall be incorporated into, and recorded with, the Mortgage. The term"Mortgage" <br /> shall be deemed to include"Deed of TrusY', if applicable. <br /> X FHA, USDA RURAL DEVELOPMENT and HUD ADDENDUM ONLY <br /> THIS TAX EXEMPT FINANCING RIDER is made this iST day of DECEMBER, 1999 and is <br /> incorporated into and shail be deemed to amend and supplement the Mortgage, Deed of Trust or Security <br /> Deed ��Security Instrument'� of the same date given by the undersigned ("Borrower'� to secure Borrower's <br /> Note �'Note'� to The Equitable Building and Loan Association of Grand Isiand, 113-115 N. Locust, Grand <br /> Island, NE ("Lender'� of the same date and covering the properly described in the Security Instrument and <br /> located at: <br /> 1403 WEST 1ST ST <br /> GRAND ISLAND, NE 68801-5705 <br /> In addition to the covenants and agreements made in the Security Instrument, Borrower and Lender further <br /> covenant and agree to amend Paragraph 9 of the Model Mortgage Fo�m, entitied"Grounds for Acceleration of <br /> Debt"as by adding additional grounds for acceleration as follows: <br /> Lender, or such of its successors or assigns as may be separate instrument assume <br /> responsibility for assuring compiiance by the Borrower with the provisions of this Tax-Exempt Financing Rider, <br /> may require immediate payment in full of all sums secured by this Security Instrument if: <br /> (a) All or part of the Properly is sold or otherwise transferred by Borrower to a purchaser <br /> or other transferee: <br /> (i) Who cannot reasonably be expected to occupy the properly as a principal <br /> Residence within a reasonable time after the sale or transfer, all as provided in Section 1430 and (1)(2) of <br /> the Internal Revenue Code; or <br /> (ii) Who has had a present ownership interest in a principal Residence during <br /> any part of the three-year period ending on the date of the sale or transfer, all as provided in Section 143(d) <br /> and (1)(2) of the Internal Revenue Code (except that"100 percent"shall be substituted for"95 percent or <br /> more"where the latter appears in Section 143(d)(1); or <br /> (iii) At an acquisition cost which is greater than 90 percent of the average area <br /> purchase price (greater than 110 percent for targeted area Residences), all as provided in Section 143(e) and <br /> (1)(2) of the Internal Revenue Code; or <br /> 69 <br /> _ --- __- � <br />